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Crude Oil Prices

$100 Crude Oil Prices Sustainable?

Platts director of news John Kingston weighs in on the state of the oil market.

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  1. Hong Kong Gains In Choppy Trade Before China Data

    Hong Kong stocks edged higher Monday in choppy trade as investors awaited the final result of HSBC's manufacturing survey for China. The Hang Seng Index rose 0.4% to...

  2. Hurricanes to Play Reduced Role in Oil Output

    With hurricane season officially underway Saturday, oil and natural gas production stands to be interrupted by major storms this summer. But the increase in producti...

  3. Crude Oil Futures Edge Lower

    Crude oil futures edged lower in Asian trading Tuesday, with worries over weak Chinese demand weighing on sentiment before a meeting of the Organization of the Petro...

  4. ASIA MARKETS: Japan Stocks Get Lift From Weaker Yen, Lead Asia

    Japanese stocks overcame volatility to advance Tuesday as a pullback in the yen spurred exporters, while a bounce in banks set Australian shares on the path to their...

  5. Hong Kong Stocks Inch Up; China Banks Gain

    Hong Kong stocks climbed toward a second straight day of gains Tuesday, with major Chinese banks and conglomerates underpinning the advance, while insurers declined....

  6. UAE Oil Minister Says Oil Prices Are Not a Threat to Global Economy

    Crude oil prices are at a fair level and aren't posing a risk to the global economy, United Arab Emirates' new energy minister said in remarks published Monday, sign...

  7. Oil Markets Becalmed as Key Markets Take Holiday

    Public holidays in the U.S. and U.K. mean volumes are extremely low in the oil markets on Monday, with focus shifting to events in Vienna where the Organization of t...

  8. Oil Markets Becalmed as Key Markets Take Holiday, But OPEC Meeting Looms

    Public holidays in the U.S. and U.K. mean volumes are extremely low in the oil markets on Monday, with focus shifting to events in Vienna where the Organization of t...

  9. Local Government in Indonesia Blocks Access to PetroChina Oil and Gas Wells

    A local government in Indonesia has blocked access to 14 oil and gas wells at a block in central Sumatra operated by a local unit of PetroChina Co. (PTR), an officia...

  10. BP, Shell, Statoil in U.S. Lawsuit Over Alleged Oil Manipulation -FT

    BP PLC (BP.LN), Royal Dutch Shell PLC (RDSA.LN) and Statoil ASA (STL.OS) have been named in the first lawsuit to be filed following a European Commission antitrust i...

  11. Markets Post Weekly Loss, Snap Four-Week Streak

    FOX Business: Capitalism Lives HereThe S&P 500 slid more than 1% this week in its first weekly loss in five amid worries about when the Fed will begin tapering its v...

  12. API CEO: U.S. Can Surpass Saudi Arabia in 7 Years

    API CEO Jack Gerard weighs in on gas prices and oil production.

  1. Market Wrap for Monday, June 17: Stocks Jump to Start Trading Week; Dow Rallies Triple Digits

    The U.S. stock market rose on Monday after a series of volatile moves last week. Investors snapped up shares on expectations that the Federal Reserve will reinforce ...

  2. Japan Blue-chip Stocks Edge Lower In Early Trade

    Japanese stocks edged mostly lower Monday, reflecting caution after a weak finish on Wall Street Friday and ahead of the Federal Reserve's policy decision later this...

  3. Market Wrap for Thursday, June 13: Strong Economic Reports Trigger Stock Rally

    Despite continued volatility around the world, particularly in Japan where the Nikkei fell more than 6 percent, the U.S. market rallied sharply on Thursday on the ba...

  4. U.S. Posts Record Year for Oil Growth

    BP (NYSE:BP) is adding to the chorus of amazed U.S. oil watchers.The energy giant's Statistical Review of World Energy, which has been being published for more than ...

  5. Market Wrap for Wednesday, June 5: Stocks Plunge as Uncertainty Rises

    The U.S. stock market recorded its biggest loss in weeks on Tuesday after the Fed's Beige Book report showed that the economy is expanding only at a modest to modera...

  6. Hong Kong Stocks Choppy In Early Trade

    Hong Kong stocks wavered after a higher opening on Tuesday, with Chinese property developers pulling back after recent gains, while energy producers gained. The Hang...

  7. Crude Oil Shakes Off Earlier Losses, Pushes Higher

    Crude-oil prices moved sharply higher on Monday, from a basically flat position earlier in Europe's trading session. Crude for July delivery rose 82 cents, or 0.9%, ...

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